Baliga told CNBC-TV18, "We found Jubilant Foodworks a bit expensive but no doubt it will open at a premium. The question is whether it would hold on at these levels or not. So people should utilize this opportunity and book profits on whatever they have got."
At 10:08 am, the share was quoting at Rs 195.35, up Rs 50.35, or 34.72% with volumes of 8,865,551 shares.
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